The UK defined benefit (DB) pension scheme of manufacturing firm Rotork moved from a deficit to a £9.3m surplus in the first six months of the year, according to its interim results.
The firm's results - published today (8 August) - revealed the scheme moved from a deficit of £8m in December 2022 to a surplus of £9.3m as at 30 June 2023. The firm said this was primarily due ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
